Bangalore-based Startup Nestaway.com that runs an online managed home rental marketplace for singles by the same name, has raised $12 million (Rs.76cr) in funding from Flipkart and its existing investor Tiger Global.

USP
Nestaway aims to turn 'for-rent' apartments into fully-furnished and managed houses that can be provided to pre-verified tenants.

Nestaway Business Model
Nestaway.com gets involved with property owner in tenant sourcing, rent collection, maintenance of the house and even manages tenant move-outs. It also offers free minor repairs and does not charge separate brokerage from the property owner.